On optimality in intergenerational risk sharing

DOI10.1007/S001990100199zbMath1032.91096OpenAlexW3125883679MaRDI QIDQ1865191

Gabrielle Demange

Publication date: 25 March 2003

Published in: Economic Theory (Search for Journal in Brave)

Full work available at URL: https://halshs.archives-ouvertes.fr/halshs-00581414/file/10.1.1.135.158.pdf

zbMATH Keywords

overlapping generationsPareto optimalityincomplete markets

Mathematics Subject Classification ID

Multi-objective and goal programming (90C29) Stochastic models in economics (91B70) Special types of economic markets (including Cournot, Bertrand) (91B54)

Related Items (13)

Dividend paying assets, the unit root property, and suboptimality ⋮ Optimality in stochastic OLG models: theory for tests ⋮ Short sales, destruction of resources, welfare ⋮ Introduction to general equilibrium ⋮ Endogenous market incompleteness without market frictions: dynamic suboptimality of competitive equilibrium in multiperiod overlapping generations economies ⋮ On the optimal size of social security in the presence of a stock market ⋮ Introduction to the special issue on models of debt and debt crises ⋮ Debt and welfare in economies with land ⋮ Indeterminacy in stochastic overlapping generations models: real effects in the long run ⋮ On the role of labor supply for the optimal size of social security ⋮ Social security and risk sharing ⋮ The unit root property and optimality: A simple proof ⋮ Bubbly Markov equilibria

This page was built for publication: On optimality in intergenerational risk sharing